Tamil Nadu to set up Investor Promotion Commission for faster approvals

Tamil Nadu's Governor announced the establishment of an Investor Promotion Commission to accelerate business approvals during his address to the legislature. The commission will work to streamline the process for companies seeking regulatory clearances in the state.

The Governor emphasized that industrial growth and worker welfare are essential for achieving Chief Minister C. Joseph Vijay's ambitious target of transforming Tamil Nadu into a $1.5-trillion economy by 2036. The state government remains committed to creating conditions that support both business expansion and employment generation.